Looking to diversify beyond FGTIX? The mutual funds below have the lowest correlation with FGTIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FGTIX.
Best Diversifiers for FGTIX
1 mutual funds have low correlation with FGTIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.04, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.16 | 0.50 | 70 | Diversified Portfolio | FGTIX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.33 | 0.52 | 0.59 | 86 | Diversified Portfolio | FGTIX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.33 | 0.52 | 0.59 | 82 | Diversified Portfolio | FGTIX vs FCSRX | |
| Fidelity Strategic Real Return Fund | 0.34 | 0.52 | 0.59 | 87 | Diversified Portfolio | FGTIX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.51 | 0.59 | 88 | Diversified Portfolio | FGTIX vs FIQDX |
See all 37 diversifiers for FGTIX
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Diversification Analysis
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